BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Prescriptive analytics uses specific techniques including simulation, optimization, game theory and other decision-analysis methods.

Detailed explanation-2: -Optimized Analytics – Approachable analytics that provide an actionable plan to achieve a desired business outcome in the most effective way. In the world of data science there are descriptive, predictive, and prescriptive analytic tools and techniques.

Detailed explanation-3: -Prescriptive Analytics This type of analytics is characterized by techniques such as graph analysis, simulation, complex event processing, neural networks, recommendation engines, heuristics, and machine learning.

Detailed explanation-4: -There are three types of analytics that businesses use to drive their decision making; descriptive analytics, which tell us what has already happened; predictive analytics, which show us what could happen, and finally, prescriptive analytics, which inform us what should happen in the future.

Detailed explanation-5: -Prescriptive analytics solutions Enable rapid development and deployment of decision optimization models using mathematical and constraint programming with a model development toolkit. Combine optimization and machine learning techniques in a unified environment to build the optimal action plan and meet business goals.